חוק חדלות פירעון ושיקום כלכלי (תיקון מס' 4 – הוראת שעה – נגיף הקורונה החדש) (תיקון מס' 2) (הארכת תוקף – חרבות ברזל), התשפ"ד-2024

Government bill · Published 14 Mar 2024

1Tabled
2Reading 126 Feb 2024
3Committee
4Readings 2-313 Mar 2024
5Published14 Mar 2024

How it affects you

Debtors can keep proceedings stayed while they arrange a debt settlement until December 17, 2024. With Constitution Committee approval, the justice minister may extend the period once more for up to three months.

Who gains

Debtors Proceedings stay for arranging a debt settlement until December 17, 2024 Section 1(1)
Justice minister Power to extend the period once, for up to three months Section 1(3)

Who pays

Creditors A longer wait before debt collection proceedings resume Section 1(1)

Under the table

Few hands
Only 8 of the 120 members took part in the final vote.
Temporary provision
The law, or part of it, is temporary and needs an extension to stay in force.
Few committee meetings
Only one committee meeting discussed this law.
Extended again
The temporary provision was extended again, 3 extensions so far.